National Bank of Canada (OTCMKTS:NTIOF) Upgraded at Cibc World Mkts

National Bank of Canada (OTCMKTS:NTIOF) was upgraded by research analysts at Cibc World Mkts from a “hold” rating to a “strong-buy” rating in a research note issued on Thursday,Zacks.com reports.

Separately, Barclays cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 21st.

National Bank of Canada Price Performance

Shares of NTIOF opened at $91.40 on Thursday. The stock has a market cap of $31.13 billion, a P/E ratio of 11.64 and a beta of 1.07. The stock’s 50-day moving average price is $94.63 and its two-hundred day moving average price is $90.63. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.06. National Bank of Canada has a 1 year low of $73.17 and a 1 year high of $100.08.

About National Bank of Canada

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.